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1/4

74-78 Rosemary Road, Clacton-on-sea

Guide price

£500,000

Size

19,539

Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Freehold Former Department Store
  • 19,539 sq ft (1.815.23 sq m)
  • Approved Planning Consent
  • 7 x Retail Units and 10 x One Bedroom Flats
  • Opportunity to Develop a Diverse High Yielding Investment
  • Opportunity for Development of Alternative Schemes (stc)
  • Prominent Corner Pitch
  • Guide Price Reflects a Low £25 per sq ft
  • Offered with Full Vacant Possession

Description

The property comprises a freehold former department store with approved planning consent for a mixed use development.

Arranged across ground and first floors, the property comprises a total 19,539 sq ft (1.815.23 sq m) with eight car parking spaces to the Hayes Road frontage.

The property benefits from two separate planning consents for the conversion of the existing building to provide 7 x retail units and 10 x one bedroom flats:

26/00011/FUL - Subdivision of the ground floor to provide seven individual retail units

26/00004/COUNOT - Change of use of the first floor to provide 10 x one bedroom flats

In addition to the approved planning consents, we consider there may be opportunity for alternative schemes, including the increase of massing on site via an additional floor - subject to obtaining the requisite consents.

The property occupies a prominent corner pitch with frontages to Ahyes Road, Rosemary Road and The Grove. The surrounding area comprises mixed retail/residential uses with the property sitting at the end of the prime retail pitch of Pier Avenue
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

74-78 Rosemary Road, Clacton-on-sea

NEAREST STATIONS

National Rail

Clacton Station

0.25 miles

National Rail

Thorpe-le-Soken Station

4.02 miles

National Rail

Kirby Cross Station

4.42 miles

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Disclaimer - Property reference 56160CD5-F416-46E4-AC91-926D5EB1D59B. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills National , Savills Auctions- Commercial. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.